SK Hynix, Stock Price +1.57% at This Hour... Institutional Investors Net Sell 1,210,642 Shares in Last 5 Days
As of 2:30 PM on the 11th, SK Hynix is trading at 77,800 KRW, up 1.57% from the previous day. The trading volume is 2,097,754 shares, which is about 59.74% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On September 8, Dongwon Kim, a researcher at KB Securities, stated, "DRAM prices are expected to form a bottom in the fourth quarter, and SK Hynix's semiconductor inventory is projected to enter a tight phase from the fourth quarter (2 weeks). Therefore, DRAM price declines are expected to noticeably slow down toward the end of the year. If SMIC, the top foundry in China, is added to the US sanctions list, SK Hynix is expected to gain long-term indirect benefits. SK Hynix System IC, which plans to fully operate its foundry plant in China starting from the fourth quarter this year, is expected to improve performance due to increased operating rates." He set the target price for SK Hynix at 105,000 KRW.
Over the past five days, individual investors have net purchased 749,629 shares of SK Hynix, while foreigners and institutions have net purchased 444,544 shares and net sold 1,210,642 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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